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Aleksandr-060686 [28]
3 years ago
7

An investment of $8500 increases in value by 4.5% every year. How long until the investment

Mathematics
1 answer:
pantera1 [17]3 years ago
4 0

Answer:

17 years

Step-by-step explanation:

We can use a known formula (n being the number of years)

n = log(17323/8500) / log (1+ 0.045) = 16.17

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